Subscribe to Trend Following Radio on iTunes
My guest today is Josh Hawes, the Risk Officer and Investment Manager of Hawking Alpha. He is a trend following trader now who started off at Goldman Sachs. Josh breaks apart the trading industry, highlighting many of the cons associated with the mutual fund space. Josh has always had a passion for math. He started looking at the performance of different funds within Goldman. As soon as he started to look at returns of some, he began to see a disconnect. They would judge themselves off “beating the index” but they were still losing massive amounts of money. They would also have access to CEO’s of top companies and still not be able to make money off of the information they would share. This is when he began to transition out of the company and turn to other forms of trading, not just long only.
The topic is Trend Following.
In this episode of Trend Following Radio:
- Trading off fundamentals
- Keeping up with the Jones’s
- Smooth equity curve’s
- Concept of an Index
- Mutual fund industry
- 10,000 hours
- Arbitrage
- High frequency trading
“Every trading system starts with an idea. The idea is a concept that describes some aspect of the way a particular market or all markets work.” – Hawking Alpha
Mentions & Resources:
Listen to this episode:
- Listen to this podcast on iTunes. (Please leave a rating!)
- Listen on Spotify.
- Listen on Stitcher.
- Libysn RSS.
- Download as MP3 by right-clicking here and choosing “save as.”
- Free Video.
Jump in!